First Bancorp (FNLC) Interest Expenses (2010 - 2026)
First Bancorp (FNLC) posted quarterly Interest Expenses of $18.4 million for Q1 2026, down 11.76% year-over-year from $20.9 million in Q1 2025, and down 5.97% quarter-over-quarter from $19.6 million in Q4 2025.
First Bancorp (FNLC) Interest Expenses (2010 - 2026) Analysis & Trends
First Bancorp (FNLC) has reported Interest Expenses for 17 consecutive years, with $18.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses fell 11.76% year-over-year to $18.4 million; the TTM figure through Mar 2026 stood at $80.4 million (down 6.17% YoY), while the FY2025 annual figure was $83.0 million, down 2.29% from the prior year.
- Interest Expenses declined to $18.4 million in Q1 2026 per FNLC's latest filing, from $19.6 million in the prior quarter.
- Across five years, Interest Expenses topped out at $21.9 million in Q3 2024 and bottomed at $1.9 million in Q1 2022.
- Historically, Interest Expenses has averaged $15.7 million across 5 years, with a median of $19.0 million in 2023.
- Annual changes were most pronounced in 2022 — Interest Expenses plunged 44.5% — and 2023, when it soared 499.06%.
- First Bancorp's Interest Expenses stood at $7.6 million in 2022, then jumped by 149.72% to $19.0 million in 2023, then climbed by 13.06% to $21.4 million in 2024, then declined by 8.51% to $19.6 million in 2025, then slipped by 5.97% to $18.4 million in 2026.
- Business Quant data shows FNLC's Interest Expenses at $18.4 million in Q1 2026, $19.6 million in Q4 2025, and $20.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.59 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 3.24 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -4.19 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 7.93 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 2.35 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 1.16 Bn |
| 10 | First Bancorp | 382.19 Mn | 352.43 Mn | - | 18.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 41.22 Mn |
| Jun 30, 2026 | 41.22 Mn |
| Mar 31, 2026 | 18.45 Mn |
| Mar 31, 2026 | 18.45 Mn |
| Dec 31, 2025 | 19.62 Mn |
| Dec 31, 2025 | 19.62 Mn |
| Sep 30, 2025 | 20.95 Mn |
| Sep 30, 2025 | 20.95 Mn |
| Jun 30, 2025 | 21.42 Mn |
| Jun 30, 2025 | 21.42 Mn |
| Mar 31, 2025 | 20.91 Mn |
| Mar 31, 2025 | 20.91 Mn |
| Dec 31, 2024 | 21.45 Mn |
| Dec 31, 2024 | 21.45 Mn |
| Sep 30, 2024 | 21.89 Mn |
| Sep 30, 2024 | 21.89 Mn |
| Jun 30, 2024 | 21.48 Mn |
| Jun 30, 2024 | 21.48 Mn |
| Mar 31, 2024 | 20.11 Mn |
| Mar 31, 2024 | 20.11 Mn |